1. Texas
  2. Dallas
  3. 8787 Park Lane
$2,500,000

8787 Park Lane, Dallas, TX 75231

  • 117,141 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2000
  • Property Lot Size Icon8.53acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $21/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

Dallas Equestrian Center (DEC) A unique and profitable opportunity awaits with the sale of the Dallas Equestrian Center (DEC), the largest and most prestigious equestrian facility in North Texas. Located in the heart of North Dallas near Southern Methodist University (SMU) and NorthPark Center, this prime location offers unparalleled access to some of the city's most affluent neighborhoods! The facility is also home to the nationally recognized SMU Equestrian Team, NEIA National Champions in 2022 and 2023, further elevating its reputation. DEC features: • 100+ horse stalls • Three covered arenas • An extra-large outdoor competition arena • Two outdoor jumping and riding fields Business Opportunity: This profitable equestrian facility operates under a 26-year long-term ground lease with multiple revenue streams: • Boarding and stall leasing (including a long-term lease with SMU). • A highly successful lessons program with loyal clientele. • Opportunities for expansion or diversification, such as adding event spaces or complementary businesses. Sale Includes: • Structures, footing, equipment, and assets, including lesson horses. • Current owner invested over $2 million in improvements to facilities, footing, equipment and lesson horses. • Significant tax benefits, including depreciation The flexibility of this facility allows buyers to maintain and grow the current programs or reimagine the space entirely. Modifications such as converting arenas into a wedding venue or adding other business elements are all possible. Why DEC? DEC offers the amenities of a large-scale, full-service equestrian center while retaining the personal touch of in-house trainers and individualized boarding programs. Conveniently located just minutes from downtown Dallas, this is unparalleled opportunity for equestrian enthusiasts, investors, or entrepreneurs to make their mark in the heart of North Texas Serious inquiries only.

Listing Status:
Pending
Listing Office:
Allie Beth Allman & Assoc. : 214-521-7355
Listing Agent:
Melissa Oates : 214-437-9207
MLS ID:
20795505

This listing courtesy of Melissa Oates, Allie Beth Allman & Assoc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jill Stone Elementary School at Vickery Meadow

6606 Ridgecrest Rd, Dallas, TX, 75231

Grades PK-5

0.35 miles away

T

Tasby Middle School

7001 Fair Oaks Ave, Dallas, TX, 75231

Grades 6-8

0.85 miles away

E

Emmett Conrad High School

7502 Fair Oaks Ave, Dallas, TX, 75231

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.